The deal, in an all-cash offer, is expected to be announced imminently, sources said. If completed the acquisition would be the most significant in the history of YouTube, which Google acquired in 2006 for $1.65 billion.

I watch a lot of YouTube and Twitch for gaming, and in an ideal world, I can definitely see the potential for a great close cooperation between the two. Sadly, the world is not ideal, and I have a bad feeling about this. One of the reasons Twitch is so good at what it does is that it doesn't deal with stuff like Content ID. If Twitch is to be part of Google, it suddenly becomes an incredibly attractive target for all kinds of lawyers - and thus, Content ID-like crap.